Are you actively looking for ways to enhance your data science knowledge? IIM SKILLS might have the perfect solution for you. In the modern world, data science has its separate following and as competitiveness among candidates increases you are expected to bring your best skills to the table. So where can you learn industry-relevant skills that are unique? The IIM SKILLS Data Science Master Course presents you with all relevant topics in the domain along with training on a wide range of practical skills. This course is affordable and beginner-friendly making it ideal for new learners. More about it is discussed below.
A Brief Idea of Data Science
You can connect the words ‘data science’ with the study of data to extract meaningful insights for businesses. The field has several multidisciplinary aspects that combine principles and practices from artificial intelligence, statistics, mathematics and computer engineering to analyze large amounts of data.
When you’re starting in this field, you’ll gain knowledge along with assistance in making informed decisions from professional sources like the IIM SKILLS Data Science Master Course.
Data science covers a plethora of tools and techniques to analyze large amounts of data which is often mixed with structured and unstructured data.
All courses on the subject help you understand certain data-centred questions like what happened, why it happened and what can be done with the results. Primarily, a data scientist’s role is to create predictive models and develop insights that guide business decisions.
Since data science is a fast-growing field, you’ll find its traces everywhere around you. It’s not just used to help companies provide better results but also applied for the benefit of individuals.
For example, data science can be applied in business or organization settings with results such as recommendations based on collaborative filtering, predictions based on historical data, fraud detection and identification of anomalies.
On the other hand, weather forecasts use live digital data and turn them into understandable weather reports so that even individuals with no professional knowledge of data science can understand with ease.
Explore here the advanced Data Science Courses in Ranchi for career development.
What Are the Various Advantages of Data Science?
Data science in today’s society, is used to address several problems associated with businesses and is required to develop actionable insights. Specifically, data science uses big data to determine certain trends and predictions that are beneficial to companies for decision-making. Some of the benefits we can see from applications of data science are listed below:
1. Better business decisions
Data science is a pillar of modern businesses that impacts almost all the decisions they make. It’s because of this discipline that companies can tailor their services or products according to individual customer preferences. Moreover, this enables businesses to improve overall satisfaction and loyalty.
Since digital data is readily available everywhere, most businesses find it helpful for understanding customer behavior patterns and preferences that allow a more engaging and personalized experience.
In most cases, companies or businesses use data and risk analysis practices to make informed business decisions. You can learn more about it through the IIM SKILLS Data Science Master Course.
2. Measure performance
Other uses of data science include measuring performance through common methods like data collection. It helps make more educated decisions across different organizations by systematically using trends and empirical evidence to help data scientists come up with solutions.
Performance is based on several factors including accuracy which denotes the correct percentage of correct predictions and model making for a given data point.
A confusion matrix is a technique that evaluates the performance of a machine learning classification algorithm, while an F1 metric combines precision and recall into a single value to quickly assess model performance.
3. More information regarding internal finances
While studying IIM SKILLS Data Science Master Course, you’ll be able to uncover several ways in which data science makes predictions, generate financial reports and analyze economic trends to make informed decisions on budgets, finances or expenses.
Financial data should be relevant and representative of faithfulness. However, its characteristics can be enhanced with the inclusion of comparability, verifiability, timeliness and understandability.
As a data scientist, you’ll be trained in gathering data on all relevant financial statements, including income statements, balance sheets and cash flow statements. It ensures that the data is accurate and up-to-date as it serves as a reliable foundation for your analysis.
4. Improving the quality of products and services
One of the main advantages of data science which you’ll learn through the IIM SKILLS Data Science Master Course, is the improvements observed in product or service quality. Product managers and data scientists collaborate to define clear objectives and goals for a product or service.
The insights they use are based on user needs, market trends and business objectives. On the other hand, the work of a data scientist is to contribute analytical expertise and identify relevant metrics that define success criteria.
Data-driven product developments are based on several factors like data quality, reliability and governance. Sometimes, it also considers ethical use of data, cost, return on investment and continuous learning or adaptation.
5. Improving the customer’s experience
Providing the customer with an enhanced experience is one of the main goals of businesses, as you’ll learn from IIM SKILLS Data Science Master Course. The data which is gathered from different sources is valuable in attracting a target audience, so it can be tailored according to customer experiences and needs.
Companies try to address the customer’s pain points through their products or services, which increases sales along with the favourability of the brand. The collected data can be very vast, showcasing the habits, preferences, characteristics, likes and dislikes among other meaningful data.
In the end, understanding the customer or target audience is the key to expanding your business’s standing in the crowd.
What Are the Benefits of Online Courses?
The common advantages of online courses are reflected in the IIM SKILLS Data Science Master Course. These are listed below:
Scope for flexibility in learning – The IIM SKILLS Data Science Master Course provides its learners with the added benefit of self-paced learning, from the comfort of their home.
Many data science aspirants are working full-time or handling more than one part-time job which often makes it difficult for them to pursue their educational goals.
IIM SKILLS Institute allows you to learn without a strict schedule, but still grab all the benefits that you would have received from traditional offline courses. You don’t have the pressure of keeping up with the classroom instead you can learn at your own pace.
Preparation for the online workforce – Modern society is gradually normalizing work-from-home jobs and one must be well-acquainted with it. It is estimated that almost 40.9% of employees work remotely or in hybrid modes, in today’s worksphere.
Online courses deliver the perfect environment for you to learn without needing any traditional resources. When you participate in this data science course, you’ll be trained in various technological skills aside from theoretical aspects.
Moreover, taking your classes online is a great shift towards preparing you towards online workplace because it helps you build time management skills without supervision.
Self-motivation – It is common knowledge that if you’re pursuing your course online, there is no direct supervision involved which makes it only favourable for self-motivated individuals.
IIM SKILLS Data Science Master Course is a perfect example of this format of online learning because it creates a blend of two-way information exchange between teacher and learner as well as offers numerous hands-on training modules.
Your duty as a learner is to keep yourself motivated enough to submit mid-session assignments on time, participate in class and practice industry tools taught in class.
Broader networking opportunities – Online institutes and universities generally have larger connections with other institues or industry experts. Therefore, current students and alumni can receive backing in terms of expanding their connections around the industry.
Online students have wider opportunities to grow their network with valuable connections alongside broadening their perspective on cultural awareness.
Businesses prefer employees who can innovate and there is no better way to share or gain innovative ideas than forming proper connections. Your industry networks oftentimes play the role of your mentor, guiding you up the path of skillful development of both personal and career aspects.
Improved critical-thinking ability – The IIM SKILLS Data Science Master Course greatly improves and complements your critical-thinking ability. Live-interactive classroom lectures enable elaborate discussions on topics that focus on helping you think critically.
This skill is of great benefit because most employers in today’s society seek candidates who are capable of thinking critically in their respective roles.
Moreover, your critical-thinking ability can set you apart from other candidates. Online data science training programs help you develop your critical-thinking ability in ways that might not have been practiced in an in-person classroom.
In every case, a self-motivated learning environment demonstrates to future employers the potential for critical thinking and self growth.
Scope for virtual communication and collaboration – Online courses set up a comprehensive virtual environment from which leaders are born.
The IIM SKILLS Data Science master Course plays a role in developing your critical leadership skills by utilizing specialized knowledge, creating efficient processes and making decisions about best communication practices.
In an online setting you get to participate in discussion boards with your classmates, communicate with professors via email and collaborate through different various software programs. With the help of this virtual team, you’ll be able to communicate your ideas clearly, get responses and project a professional image with ease.
A Brief Overview of the IIM SKILLS Institute
IIM SKILLS is one of the most prominent Ed-tech companies as per today’s standards. The institute was inaugurated in the year 2015, as it was born from the initiative of a successful education blog.
This education blog reached more than 1 million people across the internet, bringing to light the importance of professional career guidance through affordable means.
With that in mind, IIM SKILLS created this platform to promote world-class education offered in live online and self-development courses. The faculty behind this institute works round-the-clock to bring quality within education modules and identify skill-development courses in various domains to present you with the best.
The services offered here are beginner-friendly and can span a wide range of topics such as digital marketing, data analytics, business accounting and taxation, technical writing, GST practitioner, search engine optimization and investment banking.
The data science course is among the newly introduced learning modules that target aspirants of this field through a high-quality, structured and industry-relevant curriculum.
Over the years, IIM SKILLS has made a name for itself among 23 cities across Asia including Dubai and Singapore. Its headquarters are in Delhi but it mainly operates online and so far has contributed to the development of 45,000 learners around the world.
As one of the top data science institutes in India, IIM SKILLS brings you a list of more than 500 prominent industry connections. Some of these are as follows:
- AbsoluteData
- Accenture
- SG Analytics
- Cognizant
- Genpact
- TCS
- P Morgan
- Blackstone
- SAP
- Barclays
- PWC
- Capgemini
A Brief Overview of the Data Science Master Course
IIM SKILLS Data Science Master Course brings you an excellent selection of industry topics as well as a comprehensive approach to the data science domain.
From the very beginning, you are introduced to more than 300 hours of classroom lectures, over 150 hours of practical assignments, more than 16 live projects and 10+ case studies. You will be able to practice more than 17 premium tools, making your skillsets desirable among other candidates.
The general arrangement of this course lets you establish yourself as an essential asset to your future company. After you finish the course, IIM SKILLS offers you an industry-recognized certificate from three different organizations including Microsoft and Google Cloud.
These will be provided to you as soft copies but they can be shared online or downloaded as physical proof of your achievements. The IIM SKILLS Data Science Master Course stands out because it focuses on tools-driven training which leads you to progress forward towards analyzing and extracting valuable data.
Now to sum up what you can expect with the course, your trained mentors play a major role in your professional and personal development. You’ll be able to uncover useful tips and tricks that are shared by veteran data scientists with decades of experience.
It’s paired with numerous real-world capstone projects from prominent organizations like PWC, British Airways and BCG making it extremely beneficial for you. Moreover, you’ll be supported by your mentors who work round-the-clock to clear your doubts.
The data science course exclusively provides various other benefits such as resume-building, mock interviews and placement assistance which is complementary to other services.
The mentors offer hand-held support for you to build a resume that stands out from the crowd of other applicants and ultimately secure the job.
There is also a guaranteed internship for 2 months, providing you practical exposure to your chosen career path along with a chance to apply your theoretical knowledge in real-world settings.
Details of the data science course:
| Course | Duration | Fees |
| Data Science Course | Self Paced | INR 24900+ GST |
| Data Science Job Assist Program | 11 Months | INR 64900 + GST |
| Data Science Job Guarantee Program | 11 Months | INR 164900 + GST |
Contact details:
Phone: +91 9580740740
Email: info@iimskills.com
Website: www.iimskills.com
IIM SKILLS Data Science Master Course curriculum:
Data Science foundations
- Understand linear algebra
- Understand statistics
- Measures of central tendency
- Understand the difference between data science, data analytics and business analytics
- Learn about structured, unstructured and semi-structured data
- Understand the learning stages of analytics
SQL with Data Science
- Understand the basics of RDMS concepts
- Utilize the object explorer
- Data based object creation
- Data manipulation and data merging
Power BI with Data Science
- Introducing the concept
- Data preparation, modelling and expression analysis
- Development reports
Python with Data Science
- Understand the concept
- Learn the overview of important Python libraries
- Understand the process of data clearing and transformation
- Understand Python with data visualization
- Understand data analysis with Python
R programming for data science
- Understand Import/export of data
- Understand manipulation, analysis and visualization with R
- Understand linear regression
Statistics with Data Science
- Understand concepts like random variables, probability, SND, expected value, sampling funnel, sampling variation, confidence interval and central limit theorem
- Understand linear regression and logistic regression
AI and Machine learning with data science
- Understand hypothesis testing
- In-depth knowledge of supervised machine learning
- In-depth understanding of unsupervised machine learning
- An understanding of AI deep learning
What Are Some Career Options After This Data Science Course?
Data Scientist – The data science career path is the most common outcome after this course, mostly because of its lucrative options. If you land this role, you’ll be expected to overcome any challenge related to your area of expertise and offer your valuable insight based on data processing or data analysis.
The course strives to cover all relevant areas to help you build a comprehensive skillset that is appropriate for this job role. This way you can be tasked with the right responsibilities such as running checks on different data types and further providing actionable insights.
Other responsibilities that you have to fulfil consist of applications of data processes, integration of data and data analysis that forecasts trends and recommendations.
Data Engineer – Among other positions in the data science domain, data engineers are quite rare. This is one of the core profiles where your responsibilities lie in maintaining data management systems.
This job role demands you to build big data ecosystems for businesses and then test them to ensure stability. The process gets optimized by data engineers and they collaborate with data scientists to run the algorithms.
Data engineers are mostly responsible for conducting primary or secondary research to collect data. Training for this position also includes data analysis which is shared through reports or updates, so that stakeholders involved in the process find it easier to navigate.
Data Architect – Data architects also play a necessary role in the data science domain and their role is nothing less than data scientists. These professionals are trained to work behind-the-scenes like someone responsible for creating the blueprints, this means you’ll have to be more attentive to this skill.
Data architects are responsible for data management processes and they ensure smooth integration of centralized processes. This role also covers data protection with the best security measures at hand.
Collaboration and teamwork are useful skills to have for data architect candidates because they perform alongside cross-functional teams that assist databases to operate with ease. Even if it’s a popular career path, it demands you to pour your energy into auditing data performance and improving overall efficiency.
Data Analyst – Data analysts are often associated with data scientists, but these are different career paths. However, when it comes to specific tasks like data collection, data organization and analyzing data, you can say these disciplines are similar.
Data analysts are generally tasked with carrying out analytics-based activities that could be automated to a certain level. You must be well-versed with relevant industry tools to be fit for this position and the IIM SKILLS Data Science Master Course includes it in the curriculum.
The automated processes enable data extraction and mining which is based on collected data from primary or secondary sources.
Conclusion
Through this article, you can takeaway important facts about the data science course at IIM SKILLS which is made suitable for beginners. The course is unique and provides necessary insight that goes beyond the mainstream curriculum and incorporates several skill-building activities. You’ll get numerous chances to improve yourself if you participate in capstone projects, real-world case studies and internships unique to the institute. IIM SKILLS adds a touch of professionalism by involving industry experts to oversee the curriculum.
FAQs
Q) What soft skills are required to become a data scientist?
To become a successful data scientist, you’ll need excellent teamwork, communication skills, critical thinking and a certain amount of creativity the perform the tasks.
Q) What technical skills are required for data science careers?
Data scientists need a plethora of skills to pair with their knowledge. Some of these include data visualization, expertise with more than one programming tool, hands-on experience with data science lifecycle and a strong base in computer science.
Q) Is the IIM SKILLS data science course online?
Yes, IIM SKILLS offers its data science course online at an affordable price. This allows students across India as well as abroad to access its services.